The European Union, the United States and other developed countries have already restricted the lead-acid battery manufacturing for the sake of environment protection. The international market demand for lead-acid batteries is continuously increasing; China has become one of the world’s largest exporters of lead-acid batteries; the export volume and export amount are increasing at the annual rates of 40% and 35% respectively.
Lead-acid batteries assembly production capacity was 250 million KVAH in 2012, increasing 25% compared with 200 million KVAH in 2011. In the context of the expanding production capacity, sluggish market, and low operating rate, the growth rate of output of lead-acid batteries may be lower than that of production capacity.
According to incomplete statistics, in the first half of 2012, the sales income of China’s lead-acid battery industry was CNY 58.39 billion, up 21.1% YoY; total profit was CNY 3.423 billion, up 19.7% YoY.
After years of development, lead-acid battery technology has been improved, especially the specific energy, cycle life, high and low temperature adaptability have achieved breakthrough. At present, China is gradually narrowing the gap with international leading technology, and has reached the international level in some core technology. China is entering the international market.
With the growing competition in the lead-acid battery industry, the large lead-acid battery manufacturers’ merger acquisition and capital operation are becoming more frequent. Excellent domestic lead-acid battery manufacturers are increasing emphasis on industry market research, especially on enterprise development environment and customer demand trends. So, a large number of excellent domestic lead-acid battery brands rapid rise to becoming the leaders in lead-acid battery industry.